Crypto Morning News: Bitcoin Crashes to 100K as Fed Divide and Tech Selloff Shake Risk Appetite

Key Takeaways:

Wall Street slumped after major bank CEOs warned of overvalued equities and a possible correction.
Divisions within the Federal Reserve lifted the dollar and dampened expectations for another rate cut this year.
Gold eased as haven demand shifted toward the dollar, while sterling weakened ahead of the UK budget.
Bitcoin dropped below $100,000 before stabilizing near $101K as liquidations topped $1.3 billion and fear index hit seven-month lows.

Crypto Morning News: Geopolitics & Market Sentiment

On November 5, 2025, markets recorded a sharp pullback as U.S. bank chiefs warned of possible corrections in equity valuations, reigniting concern over a growing tech bubble. The remarks weighed heavily on the Nasdaq and semiconductor shares, while safe-haven flows lifted the dollar and drew modest support for Treasuries.

On the diplomatic front, President Donald Trump agreed to halve certain chemicals-related tariffs on China after meeting President Xi Jinping in South Korea, reviving a bilateral working group on counternarcotics cooperation. The move eased tensions but drew skepticism in Washington, where officials cautioned that Beijing had made similar commitments before.

In Eastern Europe, fierce fighting continued in the ruins of Pokrovsk as Kyiv rushed reinforcements to stabilize its defensive lines, underscoring that neither side shows any sign of easing hostilities.

On the economic front, divisions within the Federal Reserve continued to unsettle investors, with officials split over the likelihood of another rate cut in December.

Meanwhile, the dollar climbed to a four-month high against the euro, while sterling weakened after UK finance minister Rachel Reeves warned of “hard choices” in her upcoming budget.

Gold prices retreated more than 1% earlier in the session as the stronger dollar curbed demand, though later steadied near $3,940 per ounce.

In Crypto, sentiment weakened sharply as digital assets extended their correction alongside the broader risk-off tone in equities.

Bitcoin fell below the $100,000 threshold for the first time since June, triggering more than $1.3 billion in leveraged liquidations across exchanges before stabilizing near $101,000.

Ethereum declined below $3,300 amid heavy selling, while Solana slipped to $154 as momentum traders unwound recent gains.

Meanwhile, the Crypto Fear & Greed Index plunged to 21, its lowest in seven months, marking a decisive shift into “Extreme Fear” territory.

Analysts pointed to the stronger dollar and diverging Fed signals as key catalysts behind the selloff, with traders also citing concerns over falling ETF inflows and the recent slowdown in institutional buying.

Price movements

Global Indices